AXA IM MSCI USA Equity PAB UCITS ETF USD Acc

The investment objective is to seek to provide investors with the performance of the MSCI USA Climate Paris Aligned Index (the "Index"), less the fees and expenses of the Fund, while aiming to minimise the tracking error in between the Funds Net Asset Value and the Index. The Fund intends to replicate the constituents of the Index by holding all the securities comprising the Index in generally the same proportions as they are held in the Index. In order to replicate the Index, this Fund may invest up to 20% of its Net Asset Value in shares issued by the same body.